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Friday, December 30, 2011

Qualcomm (QCOM) (EMC) (SAP) (AKAM) Among Top Tech Picks for 2012

Qualcomm (NASDAQ:QCOM), EMC (NYSE:EMC), SAP (NYSE:SAP), Akamai Technologies (NASDAQ:AKAM) and Oracle (NASDAQ:ORCL) were among the top picks in the tech sector for 2012, as analysts and advisors look to larger and more stable companies at this time.

All of the companies listed are among the market leaders in their respective categories, and that is what is being looked for after the extremely volatile 2011 year, where top lists were hammered throughout 2011.

Apple (NASDAQ:AAPL), IBM (NYSE:IBM) and Microsoft (NASDAQ:MSFT) are other top picks for 2012, which along with Oracle, are among the overall favorites of all sectors for 2012.

Akamai Technologies was trading at $32.10, down $0.02, or 0.06 percent, as of 11:10 AM EST. SAP was at $53.05, gaining $0.16, or 0.30 percent. EMC was at $21.82, up $0.23, or 1.07 percent. Qualcomm was at $54.87, rising $0.02, or 0.04. Oracle was at $25.78, down $0.02, or 0.08 percent.

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